Transcription of Dairy Production and Trade Developments
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Dairy Production and Trade Developments
United States Department of Agriculture Foreign agricultural Service July 2019. Although exports of skimmed milk powder (SMP) grew at an annual pace of 7 percent from 2014 through 2018, the Trade challenges facing exporters along with strong competition are expected to lead to a 4 percent drop in shipments for 2019. In contrast, European Union (EU) shipments are booming in the first four months of this year they were up by nearly one third over last year. This led to sharp drawdown of intervention stocks which totaled 175,000 tons at the end 2018 and are now at zero. EU exports of SMP. are expected slow in the second half of the year but for the year are set to increase by 16 percent over 2018.
Foreign Agricultural Service/USDA 2 December 2021 ... For the current year, the EU milk production forecast is cut by 500,000 tons to 145.7 million tons which represents a marginal rise in output compared to 2020. After a strong
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